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2. Red Rocks Corporation (RRC) currently has 490,000 shares of stock outstanding that sell for $73 per share. Assuming no market imperfections or tax effects

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2. Red Rocks Corporation (RRC) currently has 490,000 shares of stock outstanding that sell for $73 per share. Assuming no market imperfections or tax effects exist, what will the share price be after: a. RRC has a five-for-three stock split? b. RRC has a four-for-seven reverse stock split

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